Eric Baker, CEO of online ticket marketplace Viagogo, has spent $23.5 million to acquire a 10,300-square-foot mansion in the Beverly Hills Flats.
The executive paid all-cash for the home, which was listed at $50,000 more than what Baker paid, Yolanda’s Little Black Book reported.
Lawyer Andrew White and his wife, doctor Elisa Newman, were the sellers.
The Mediterranean-style home has seven bedrooms and seven bathrooms. Amenities at the sprawling property include an expansive backyard, screening room and a gym with private bath and sauna.
There’s also a saltwater pool, full-size tennis court, and a two-story guest house.
Joyce Rey and Jade Mills of Coldwell Banker had the listing. Fred Bernstein at Westside Estate Agency represented Baker.
Before he founded Viagogo, Baker co-founded Stubhub, another online ticket resale firm. Viagogo, founded in the United Kingdom but based in Switzerland, has been the subject of a number of lawsuits accusing the firm of price gouging.
Baker’s recent purchase in Beverly Hills is just one of many expensive trades taking place in the tony city. Last week, Ellen DeGeneres and Porta de Rossi cashed in $35 million for their home in the neighborhood, while David and Victoria Beckham scored $33 million for their 13,000-square-foot mansion, also in Beverly Hills. Film producer Gary Gilbert also paid $26.5 million for a house in the Flats, located near Baker’s new digs. [YBB] –– Natalie Hoberman